Hotel-Motel

My Place Hotel Dickinson

2431 3rd Ave W, Dickinson, ND 58601

Listing Price: Request For Offer

Number of Rooms
64
Gross SF
26,460
Year Built
2012

Investment Overview

Marcus & Millichap presents for sale the My Place Hotel in Dickinson, North Dakota. This property has 64 rooms on three interior corridors, and it sits on 1.35 acres. It was constructed in 2012. The location of this property is ideal, along Interstate 94 with plenty of visibility from the interstate. The My Place Hotel is an extended-stay property that offers great amenities to its guests at reasonable prices. Each room has a kitchenette with a full fridge, a two-burner stove, and a dining area with two chairs. The beds are all queen-sized with one- and two-bed rooms available. Each bed has microfiber sheets and plush pillows for maximum comfort. Founded in 1881, the city of Dickinson, North Dakota was named for its founder: W.S. Dickinson. Today, the city is home to almost 30,000 citizens. Energy is a large driver of the Dickinson economy. Tesoro Refinery as well as Marathon Oil Corporation have locations in Dickinson. Dickinson acts as a regional hub for southwest North Dakota, with many of the region’s citizens coming to the city for shopping, services, and medical care.

Investment Highlights

  • Dickinson Benefits from Consistent Drive to Demand from Interstate 94, Construction Crews, and Workers Being Utilized at the Marathon & Tesoro Refineries
  • Dickinson Acts as a Gateway to Theodore Roosevelt National Park, with an Annual Visitation in Excess of 750,000
  • Efficiently Designed Extended-Stay Property, Priced Well Below Replacement Costs
  • Minimal PIP Anticipated
  • Unencumbered by Debt, Management, or Franchise

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    License(s): ND: 10032

    North Dakota

Hotel-Motel

My Place Hotel Dickinson

Listing Price: Request For Offer

Number of Rooms
64
Gross SF
26,460
Year Built
2012

Investment Highlights

  • Dickinson Benefits from Consistent Drive to Demand from Interstate 94, Construction Crews, and Workers Being Utilized at the Marathon & Tesoro Refineries
  • Dickinson Acts as a Gateway to Theodore Roosevelt National Park, with an Annual Visitation in Excess of 750,000
  • Efficiently Designed Extended-Stay Property, Priced Well Below Replacement Costs
  • Minimal PIP Anticipated
  • Unencumbered by Debt, Management, or Franchise

Investment Overview

Marcus & Millichap presents for sale the My Place Hotel in Dickinson, North Dakota. This property has 64 rooms on three interior corridors, and it sits on 1.35 acres. It was constructed in 2012. The location of this property is ideal, along Interstate 94 with plenty of visibility from the interstate. The My Place Hotel is an extended-stay property that offers great amenities to its guests at reasonable prices. Each room has a kitchenette with a full fridge, a two-burner stove, and a dining area with two chairs. The beds are all queen-sized with one- and two-bed rooms available. Each bed has microfiber sheets and plush pillows for maximum comfort. Founded in 1881, the city of Dickinson, North Dakota was named for its founder: W.S. Dickinson. Today, the city is home to almost 30,000 citizens. Energy is a large driver of the Dickinson economy. Tesoro Refinery as well as Marathon Oil Corporation have locations in Dickinson. Dickinson acts as a regional hub for southwest North Dakota, with many of the region’s citizens coming to the city for shopping, services, and medical care.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    License(s): ND: 10032

    North Dakota

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